by Harpreet Sandhu | Jun 20, 2023 | Blog, Finance, Mortgage
As Canadian households grapple with mounting debt and rising interest rates, one area seems to be holding steady amidst the storm: mortgages. While credit cards and vehicle loans experience a worrisome increase in delinquency rates, mortgages have managed to maintain...
by Harpreet Sandhu | May 19, 2023 | Blog, Finance
If your credit has taken a hit due to missed or late payments, high dWorried About a Low Credit Score?ebt levels, etc, there are things you can do to help repair it. The key is to start right away. The longer you leave it in disrepair, the worse your credit situation...
by Harpreet Sandhu | Feb 3, 2023 | Finance, Homeownership
The federal government is providing a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes. The multi-generational home renovation tax credit took effect January 1st for expenses related to building a secondary suite for a...
by Harpreet Sandhu | Jan 6, 2023 | Blog, Finance, Homeownership
Most regions of the country (60%) are expected to shift into balanced market territory in 2023 – a trend that’s already starting to materialize as a result of current economic conditions – after a seller’s market dominated for much of the pandemic, says RE/MAX...
by Harpreet Sandhu | Aug 5, 2022 | Blog, Economy, Finance
As inflation soars to a 40-year high, and with interest rates expected to continue rising, many Canadians are feeling financially stretched. For those with a mortgage up for renewal, the prospect of dealing with higher mortgage payments is very real. That said, there...
by Harpreet Sandhu | Jun 3, 2022 | Blog, Economy, Finance, Homeownership
Over the past few years, house prices have seen staggering growth, rising significantly faster than average incomes and making the dream of homeownership increasingly difficult. Rising interest rates and relentless competition are also contributing to a sizzling...